| Stream International, Inc. | |||
| Proposed Ticker: | STRM | 275 Dan Road | |
| Exchange: | NASDAQ-National Market | Canton, MA 02021 | |
| Industry: | High-Tech (SIC Code 7379) | (617) 575-6800 | |
| Type of Shares: | Common Shares | Filing Date: | 4/30/97 | |
| U.S. Shares Filed: | 0 | Filing Price: | - | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $150,000,000 | |
| Primary Shares: | 0 | Expenses: | - | |
| Secondary Shares: | 0 | Shares Out After: | ||
| Spin out parent firm: | R.R. Donnelley & Sons Company | |||
| Manager | Tier | Phone |
| Alex. Brown & Sons Incorporated | Lead Manager | (410) 895-2700 |
| J.P. Morgan Securities Inc. | Co-manager | (212) 648-0517 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| Salomon Brothers Inc. | Co-manager | (212) 783-2947 |
| Smith Barney Inc. | Co-manager | (212) 723-7300 |
| Issuer's Law Firm: | Hale and Dorr |
| Bank's Law Firm: | Testa, Hurwitz & Thibeault |
| Auditor: | Arthur Andersen |
| Registrar/Transfer Agent: | Boston Equiserve Limited Partnership |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/96 | 12/31/96 | ||||
| Revenue: | $155.50 | Assets: | $76.99 | ||
| Net Income: | -$4.68 | Curr Assets: | |||
| EPS: | Liabilities: | $24.32 | |||
| Prior EPS: | Curr Liabilities: | ||||
| Cash Flow/Oper: | $14.46 | Equity: | $52.66 | ||
| Cash Flow/Fin: | Cash: | ||||
| Cash Flow/Inv: | |||||
| Business Description |
| The company is a leading worldwide provider of outsource technical support services. The company provides support services via the telephone, email and the Internet primarily to customers of leading software publishers, hardware manufacturers and online service providers. The company's services agents answer questions, diagnose problems and resolve technical difficulties, ranging from simple error messages to wide area network failures. The company employs more than 4,300 service agents, who resolve inquiries in 11 languages at ten call centers located in the U.S., Germany, France, the U.K. and the Netherlands. By focusing on technical support, a more complex activity than traditional teleservices, the company believes that it is able to differentiate itself from its competitors and provide its clients with high quality service and a cost-effective solution to their technical support needs. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for repayment of certain indebtedness to R.R. Donnelley, capital expenditures, working capital, potential acquisitions and general corporate purposes. |